The Spoon River College Board of Trustees will debate the idea of renovating walls in the Centers and Taylor Hall buildings at the board's October meeting Wednesday.

SRC President Curt Oldfield said there are currently parapet walls, which extend through the roof, that pose an increased chance of leaking because of the design.

He said he will propose removing these portions of the walls and install roofing over the remaining structure. Oldfield added that they were built for aesthetic reasons and serve no structural purpose.

The cost of these renovations — in the amount of $48,475 for the centers building and $39,800 for Taylor Hall — would come from the college's protection, health, safety tax levy.

In addition, the board will also decide on interest rates for bonds for the Canton campus' multipurpose facility.

SRC is currently in the process of bonding $4.3 million with $800,000 for technology and about $3 million for the construction of the new facility. At a previous meeting, the board decided to bond extra in case the building ends up costing more than the estimated amount. Any left over money will be used for capital projects.

During the board's September meeting, Brett Stoller, vice president of Administrative Services, presented current interest rates for paying off the bonds, which included 4.25 percent for 10 years, 4.5 percent for 12 and 4.75 for 15.

The total amount of interest expected to be paid for these rates include about $1.2 million for 10 years, $1.8 million for 12 and $2.1 million for 15.

It was noted that while choosing the 10-year option would save $60,000 in interest rates, as opposed to 12 years, it would have a bigger impact on taxpayers. A public hearing for the bonds will be held Wednesday.

Furthermore, the board will consider a foundation memorandum of understanding.

At a joint meeting between the board of trustees and the SRC Foundation Board of Directors, Carol Davis, executive director of the foundation, suggested that a guideline be created of both of the boards' responsibilities when it comes to the college's Canton and Macomb projects.

The guideline would serve as a way to avoid confusion in the future. It will be discussed with possible action Wednesday evening.

Also, a student success coach may be hired as well. Oldfield said the position opened up when an employee took a different job within the college. He added that there is a candidate for the position.

An adult education report will also be given, along with a facilities update and enrollment management team report.

The meeting begins at 6 p.m. at the Spoon River College campus in Rushville.